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Freddie Mac Mortgage Rates—May 1, 2025 What happened to mortgage rates this week The Freddie Mac rate on a 30-year mortgage ticked lower this week, easing 5 basis points, to 6.76%. This marks the second consecutive week of modest declines, but rates still remain stubbornly elevated. Rates at the beginning of May are notably higher
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Mortgage Rates Decline to 6.76%
Freddie Mac Mortgage Rates—May 1, 2025 What happened to mortgage rates this week The Freddie Mac rate on a 30-year mortgage ticked lower this week, easing 5 basis points, to 6.76%. This marks the second consecutive week of modest declines, but rates still remain stubbornly elevated. Rates at the beginning of May are notably higher